In The Two Quarter, US Clothing Imports Basically Stagnated, With A Sharp Drop In China.



In the second quarter of 2018,

Imports have basically stagnated, and imports to China have declined significantly, and the direction of procurement has shifted to some low-cost countries.

The import growth is obvious.

According to statistics, China's clothing accounts for the first half of 2018.

The share dropped to below 30%, while Vietnam's share rose to more than 15%.

In the second quarter, the import volume of clothing in the United States increased by only 0.5% over the same period last year, and imports increased by 2.7% over the same period last year. The average import price increased by 2.2% over the same period last year, of which the import of Chinese clothing dropped to a lower level. The import volume decreased by 5.7% compared with the same period last year, while the first quarter increased by 3.7% compared with the same period last year. The import volume of Vietnam clothing increased by 1.7% in the first quarter, and the growth rate in the second quarter increased by nearly 5%.

As Vietnam's production costs continue to rise, the United States

Import demand has begun to shift to Bangladesh and Kampuchea.

In the second quarter, the United States was right.

The volume of clothing exports increased by 9% and 11.7% respectively over the same period.

Compared with the same period last year, the unit price of clothing imports in the United States increased in the first half, of which Vietnam's average unit price increased by 2.8% compared to the same period last year, while that of the same period last year dropped by 4.6%.

The average unit price of Honduras surged 6.9%, compared with 2.3% in the same period last year.

It is understood that in the past 5 years, Vietnam's exports to the United States show the brightest performance, and export volume has surged by 57%, while China and Bangladesh have increased by 10% and 16% respectively.